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On 21 May 2013, Moody’s announced rating actions on MBIA Insurance Corp., National Public Finance Guarantee Corp., MBIA Inc. and other related entities. Because of the large number of credits across several asset classes affected by these rating actions, including Moody's-rated securities that are guaranteed or "wrapped" by these companies, ratings appearing on this website may not yet reflect current information. For current information on affected credits, please visit www.moodys.com/fig.

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Date	Document Type	Title	Issuer/Entity
26 Apr 2013	Sector Comment	Surge in Spanish High-Yield Corporate Bond Issuance Diversifies Funding, Reduces Refinancing Risks	Abengoa S.A. Administrador d... Atento Inversio... Avincis Mission... Befesa Zinc, S.... Cableuropa S.A.... Campofrio Food ... Cirsa Gaming Co... Codere S.A. Corp. Reser. Es... ...
07 Dec 2012	Sector Comment	Delta Air Lines Order Positive for Bombardier, Negative for Embraer	Bombardier Inc. Delta Air Lines... Embraer S.A.
06 Sep 2012	Special Comment	Mexico's Water Companies: Ongoing Challenges	Aguas del Munic... CAPA CAPAMA COMAPA Comision Estata... OPDAPAS Servicios de Ag... SIAPA
30 Aug 2012	Sector Comment	Weak Iron Ore Demand Is Credit Negative for Global Producers	Anglo American ... BHP Billiton Li... Cliffs Natural ... Eurasian Natura... Ferrexpo Plc Fortescue Metal... Northland Resou... Rio Tinto plc Vale S.A.
16 Aug 2012	Special Comment	Global Media and Entertainment Industry: Most Investment-Grade Ratings Would Be Resilient in a Recession	Bertelsmann SE ... British Sky Bro... CBS Corporation Comcast Corpora... Cox Communicati... DIRECTV Discovery Commu... Globo Comunicac... Grupo Televisa,... Interpublic Gro... ...
24 Apr 2012	Special Comment	Frequently Asked Questions: Argentina Expropriates Majority Stake in YPF	Argentina, Gove... Petersen Energi... Petersen Energi... Repsol S.A. YPF Sociedad An...
23 Apr 2012	Sector Comment	YPF's Nationalisation Is Credit Negative for Spanish Corporates with a Presence in Argentina	Repsol S.A. YPF Sociedad An...
19 Apr 2012	Sector Comment	YPF nationalisation is credit negative for Spanish rated corporates in Argentina	Cirsa Gaming Co... Codere S.A. Endesa S.A. Gas Natural SDG... Obrascon Huarte... Repsol S.A. Telefonica S.A. YPF Sociedad An...
23 Mar 2012	Sector Comment	American Eagle's small-jet divesture is credit negative for Embraer and Bombardier	American Airlin... AMR Corporation Bombardier Inc. Delta Air Lines... Embraer S.A. United Air Line...
22 Feb 2012	Special Comment	North American Bakery Companies: Competition Rises in the Northeast	Flowers Foods, ... Grupo Bimbo, S.... Interstate Bake...